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Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
The conservative news outlet has seen its shares race from $10 to more than $60 in its first few hours of trading ...
Newsmax's was briefly worth more than the New York Times on Tuesday after its share price jumped higher for a second straight ...
Newsmax debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market cap ...
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in ...
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The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...
Shares of Newsmax started trading for $14 per share on Monday morning — above its $10 IPO price — and quickly ran from there. The outlet’s stock was halted six times in the first three hours ...
Supply and demand are big factors driving the epic surge in Newsmax's stock price. The company only sold 7.5 million shares via its IPO. Demand from investors has far exceeded the number of ...
That surge also pushed Newsmax’s valuation to $11.2 billion ... for $14 per share on Monday morning — above its $10 IPO price — and quickly ran from there. The outlet’s stock was ...
Newsmax stock surged as much as 2,190% after its IPO debut, reaching $229 per share on Tuesday. The right-wing cable channel's market value exceeded $20 billion. The stock's rise may be due to the ...
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